WAYNE DUVENAGE, CEO OF OUTA

Loading player...
Anti-e-tolling civil action group Outa says that the Austrian Electronic Tolling Company’s (ETC) proposal for a debt write-off in exchange for motorists paying their e-tolls over the next five years is delusional and desperate.
ETC published a statement this week in which it suggested ways in which Gauteng motorists could be enticed to finally adopt the failed e-tolling system, as debt continues to balloon as a result of noncompliance.
One of the proposals ETC offered is a five-year debt forgiveness plan, whereby motorists could have 20% of their standing e-toll debts written off for each year of full compliance.
However, Outa called the proposal a delusional and desperate attempt by ETC to keep its business interest alive in South Africa.
The group also noted that Sanral has tried to entice road users onto the scheme in the past, and failed dismally.
“In 2015/16, Sanral offered a 60% discount along with a payment plan to those who had defaulted during the first two years of operation, which had the impact of raising less than 2% of the outstanding e-toll debt and a continued decline in the compliance levels thereafter,” said Outa head Wayne Duvenage. “What ETC fails to comprehend is that the scheme is unfit for the purpose of settling the GFIP bonds for a number of reasons, the most significant of which is that they have lost the support of the people.”
Growing debt
Debt attached to Gauteng’s e-tolling system has risen to over R47 billion, leaving the national government in a difficult position that is at odds with the political will to have the entire system scrapped.
Gauteng Premier David Makhura has made it clear that the provincial government’s position on e-tolling is that it should be scrapped – however, the finance ministry has opposed this, saying the user-pays principle inherent to the toll scheme is the fairest way to pay off the debts.
President Cyril Ramaphosa has stepped in on the matter, directing Transport minister Fikile Mbalula to find a solution t
24 Jul 2019 12PM English South Africa Business News · Investing

Other recent episodes

Your Retirement, Your Rules: ETFSA’s Starter Pack Explained

Retirement planning doesn’t need to be intimidating. Suzan Ramotshabi breaks down the biggest barriers stopping South Africans from investing, including Black Tax and fear of making mistakes. She explains how the Starter Pack works, additional ETFSA solutions, and the one step listeners can take today to begin their retirement journey…
23 Sep 1PM 22 min

SARB Tightens: What the 25bps Hike Means for You

The SARB surprised markets with a unanimous vote to hike rates by 25bps, landing against rising inflation expectations and global volatility. Johann Els unpacks the policy mood shift, the 4.4% inflation print, rand vulnerability, and how this decision affects credit conditions, household budgets, and South Africa’s growth outlook heading into…
23 Sep 12PM 14 min

The State of SA Insurance: Climate, Claims & Consumer Strain

South Africa’s insurers are navigating a perfect storm: higher catastrophe losses, rising claims inflation, affordability strain, and a shifting risk landscape shaped by climate volatility and crime. Santam’s Partner Solutions CEO, Gugu Mtetwa, unpacks the sector’s resilience, the worsening underinsurance problem, consumer behaviour shifts, and how insurers are adapting to…
22 Sep 1PM 24 min

Measured Momentum in SA Banking: Earnings Up, Risks Rising

South Africa’s major banks delivered headline earnings growth of 9.3% to R82.3 billion, stronger ROE at 20.5%, and improved cost‑to‑income ratios — but beneath the numbers lies a fragile domestic recovery and renewed inflation pressure. PwC’s Rivaan Roopnarain breaks down the competitive dynamics across retail, business, corporate and payments ecosystems,…
22 Sep 1PM 14 min

Crypto’s Turning Point: Sound Money Capital says Bear Market Dead

After eight months of grinding weakness, crypto snapped sharply higher in August — and Sound Money Capital was fully allocated ahead of the turn. CIO Rob Price explains why seller exhaustion, ETF capitulation, and policy intervention signal the end of the bear market. With Bitcoin reclaiming key resistance and market…
22 Sep 1PM 15 min